FilingReader Intelligence

Tonghua Dongbao's controlling shareholder adjusts pledged holdings

September 23, 2025 at 08:30 AM UTCBy FilingReader AI

On September 22, 2025, Dongbao Group, the controlling shareholder of Tonghua Dongbao Pharmaceutical Co., Ltd., completed the release of 14,000,000 unrestricted circulating shares previously pledged to China Construction Bank Tonghua Branch. Immediately following this, Dongbao Group re-pledged the same 14,000,000 shares to China Construction Bank Tonghua Branch to repay debts.

After these transactions, Dongbao Group and its concert parties collectively hold 634,511,775 shares, representing 32.40% of the company's total share capital. The cumulative number of pledged shares for Dongbao Group and its concert parties now stands at 565,939,472 shares, accounting for 89.19% of their total holdings and 28.90% of the company's total share capital.

The company notes that Dongbao Group anticipates 81,000,000 pledged shares to mature within the next six months, corresponding to a financing balance of 315m yuan. An additional 191,350,000 pledged shares are due within one year, linked to a financing balance of 965m yuan. Dongbao Group plans to use operating income, stock dividends, investment income, and share reductions to fulfill repayment obligations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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